KUALA LUMPUR, Feb 23 (Bernama) — A total of 1.24 million people have registered for ownership of affordable houses under the Perbadanan PR1MA Malaysia programme, said its chief executive officer Datuk Abdul Mutalib Alias. He said 90% of the applicants were below the age of 40, unmarried singles (47% ), married (49%) and divorcees (4%). … Read more
KUALA LUMPUR, Jan 28 — Prime Minister Datuk Seri Najib Tun Razak will announce the recalibrated Budget 2016 at noon Thursday which will be based on the reality of the current economic situation. The recalibrated Budget 2016, though necessary, will not in any way impact the people. In fact the government, in deciding on recalibration measures, … Read more
GEORGE TOWN, Jan 19 — The DAP-led Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, … Read more
KUALA LUMPUR: Hospitality specialists Container Hotel Group and Everly Group have collaborated to manage the first international youth hotel in Cyberjaya. The 300-room hotel, located in a 10ha land in Roppongi, will be developed by BND Global Development. “The location is strategic as Roppongi will be the education hub in Malaysia as it will house … Read more
PETALING JAYA: Malaysians want to see a conclusion to the 1Malaysia Development Bhd (1MDB) investigations so that the country can deal with other economic issues, said Bank Negara governor Tan Sri Zeti Akhtar Aziz (pic). Zeti, who will be retiring in April, said various authorities were investigating different aspects of the strategic development company. “Everyone … Read more
SEREMBAN, Jan 18 — Felcra Bhd (Felcra) has identified 18 areas nationwide in preparation to build some 2,207 homes for second generation of Felcra settlers starting this year. Its chief executive officer Datuk Ramlee Abu Bakar said the housing projects were underway in Sri Makmor, Pahang and Seberang Perak. “In Negeri Sembilan 100 houses will … Read more
PUTRAJAYA, Jan 15 — The recalibration of the Budget 2016 will focus what are considered positive by the market and the people, said Prime Minister Datuk Seri Najib Tun Razak. Najib, who is also Finance Minister, said the recalibration would include issues on the cost of living, unemployment rate, private sector boost and commodities, especially … Read more
GEORGE TOWN: Penang-based Ewein Berhad announced today that its subsidiary, Ewein Zenith Sdn Bhd has been granted the sole exclusive rights by Consortium Zenith Sdn Bhd BUCG (CZBUCG) to purchase three parcels of land measuring some 20.2 hectares or 2,178,000 square feet of land located at Bandar Tanjong Pinang for RM2.83 billion here. The company … Read more
PETALING JAYA: Hard statistics and anecdotal evidence suggest demand in the property market has continued to weaken, according to Maybank Investment Bank Research. The firm also said reported loan default cases and the rise in the number of properties up for auction pointed to a challenging market environment. “From our discussions with the bankers and … Read more
PETALING JAYA: Scanwolf Corp Bhd proposes to dispose of two parcels of commercial land in Kampar, Perak, measuring 3.72ha to The Combined Bus Services Sdn. Bhd (TCBS), for RM1.62 million. In a filing with Bursa Malaysia, Scanwolf said it consists of a disposal consideration of RM1.3 million together with an infrastructure contribution of RM324,086 to build … Read more